Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 819 K Street in Alexander City, Alabama (the “Property”). Formerly occupied by Dollar General with a lease expiring August 2025, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible commercial property at a significant discount. FIRST BID MEETS RESERVE!
Built in 2006, the Property features a one-story, free-standing retail building totaling ±9,100 gross square feet, situated on a ±0.69-acre parcel with ample surface parking spaces. Positioned at a three-way intersection, the site offers excellent accessibility via one dedicated ingress/egress curb cut and prime frontage on K Street ensuring steady consumer traffic and strong visibility. Zoned “B-1” Neighborhood Business District, the Property allows for a variety of commercial uses, providing flexibility for redevelopment or alternative tenant types.
The Property is located in Alexander City, Alabama, a growing community in Tallapoosa County, strategically positioned along US Highway 280, offering prime visibility and seamless access to regional markets. The city is a regional hub for retail, healthcare, education, and tourism in east Central Alabama. Positioned just ±2 miles from US Hwy 280, the Property benefits from direct highway connectivity to Birmingham (±73 miles northwest) and Montgomery (±50 miles south), two of Alabama’s largest economic centers. Located on the shores of Lake?Martin, one of the Southeast’s largest recreational lakes, Alexander City attracts significant visitor traffic in peak seasons, driving demand for hospitality, dining, and service-based retail. The Property is located near key demand drivers, just ±2.5 miles from Russell Medical (45 beds), ±2.5 miles from Central Alabama Community College (2,140 enrollment), and within 25 minutes of Lake Martin. The area is home to major national retailers, ensuring consistent daily traffic from local residents and travelers. Nearby businesses include Walmart, Publix, Home Depot, Tractor Supply, Chick-fil-A, McDonald’s, Harbor Freight, Marshalls, and Zaxbys, further reinforcing the area’s role as a high-traffic retail destination. The Property is positioned within a 5-mile trade area of nearly 15,033 residents, with an expanded 10-mile population of ±23,214 residents and an average household income of ±$58,563, making it a prime opportunity for retail and service-oriented businesses.